Whole of Government Accounts 2018-19

Public Accounts Committee Closed Inquiry
Opened: 4 Nov 2020 Closed: 25 Mar 2021 Parliament page
The Whole of Government Accounts (WGA) is a unique document which provides the most complete and accurate picture available of UK public sector finances. The WGA is a set of financial statements prepared by HM Treasury in accordance with International Financial Reporting Standards, that consolidates information on the financial performance … Read more
8 Recommendations
16 Conclusions
1 Report
1 Oral session
4 Letters
1 Event
Activity timeline 7 events
2 Nov
2021
Correspondence
14 Sep
2021
Correspondence
10 Sep
2021
Correspondence
20 Jul
2021
Correspondence
26 Mar
2021
Report published
22 Jan
2021
Report published
19 Nov
2020
Oral evidence
Oral evidence sessions 1 session
19 Nov 2020
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Whole of Government Accounts 2018-19
Cat Little · Cabinet Office Sir Tom Scholar · HM Treasury Vicky Rock · HM Treasury
Title HC No. Published Items Response
Thirty-Seventh Report - Whole of Government Accounts 2018–19 HC 655 22 Jan 2021 24 Responded
Recommendations & Conclusions
2 results
Clear
1 Conclusion Not Addressed
Thirty-Seventh Report - Whole of G…
Based on the Whole of Government Accounts (WGA) for the year ended 31 March 2019,...
Based on the Whole of Government Accounts (WGA) for the year ended 31 March 2019, we took evidence from HM Treasury (the Treasury) on 19 November 2020.1
Government Response
The government acknowledges the committee's introductory statement about taking evidence and publishing their report, but this statement does not contain a recommendation to address.
HM Treasury
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18 Conclusion Not Addressed
Thirty-Seventh Report - Whole of G…
The Treasury confirmed to us that it ultimately bears the financial risk for local authorities.
The Treasury confirmed to us that it ultimately bears the financial risk for local authorities. We expressed concerns about the level of oversight and control that the Treasury is exercising and whether it has a sufficient handle on this issue. … Read more
Government Response
The government's response for this conclusion reiterates its acceptance and plans regarding the Redmond Review and WGA reporting on local government fiscal risks. However, this response appears to be a copy-paste of the response to a separate recommendation (ID 21172) and does not specifically address the concerns about Treasury oversight noted in this conclusion.
HM Treasury
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Government Response AI assessment · 22 of 8 classified
Accepted 19
Accepted in Part 1
Not Addressed 2
Total 8 recs + 16 conclusions
Correspondence 4 letters
2 Nov 2021 Correspondence Catherine Little, Director General, Public Spending Head of Government Finance Function, re Whole of Government Accounts (WGA) 2019-20, dated 23 October 2021
Parliament page
14 Sep 2021 Correspondence Catherine Little, Director General, Public Spending Head of Government Finance Function, re Whole of Government Accounts (WGA) 2019-20, dated 9 September 2021
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10 Sep 2021 Correspondence from Dame Meg Hillier, Chair, Committee of Public Account, re Whole of Government Accounts, dated 31 August
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20 Jul 2021 Correspondence Catherine Little, Director General, Public Spending Head of Government Finance Function, re Whole of Government Accounts (WGA) 2019-20, dated 13 July 2021
Parliament page